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Ex Rosneft Head, Khudainatov, to Buy Geotex and Payakha for $500m

Khudainatov, who served as chief executive at state-controlled Rosneft while its current CEO Igor Sechin was deputy prime minister, is buying gas focused company Geotex and oil and gas producer Payakha, Kommersant said citing sources. It added that Khudainatov is buying assets through a firm called Independent Petroleum Company (IPC), …

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